WINNIPEG, May 3, 2016 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) announced today that it has completed the sale of the following two properties, with an effective date of May 1, 2016: Willowdale Gardens, an 88-suite apartment property located in Brandon, Manitoba, was sold for $9 million. The sale resulted in net… [Read More]
Morguard North American Residential REIT Announces 2016 First Quarter Results
MISSISSAUGA, ON, May 3, 2016 /CNW/ – Morguard North American Residential REIT (the “REIT”) (TSX: MRG.UN) today announced its financial results for the three months ended March 31, 2016. First Quarter Highlights Acquisition of a 370 suite residential property in Ottawa, Ontario, for $67.0 million. The acquisition was funded by cash on hand and a mortgage… [Read More]
Dream Industrial REIT Announces Stable First Quarter Financial Results
TORONTO, ONTARIO–(Marketwired – May 3, 2016) – This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. DREAM INDUSTRIAL REIT (TSX:DIR.UN) today announced its financial results for the three months ended March 31, 2016. HIGHLIGHTS Adjusted… [Read More]
Imperial Equities Inc. Appoints David Majeski to Its Board of Directors
EDMONTON, May 3, 2016 /CNW/ – Mr. Sine Chadi, Chairman of the Board of Imperial Equities Inc. (TSX-V:IEI) (“Imperial or the Company”) is pleased to announce that Dave Majeski has been appointed a director of Imperial Equities Inc. In 2015, Mr. Majeski retired after 47 years of continuous service with the Royal Bank of Canada. He… [Read More]
Pure Multi-Family REIT LP Announces Timing of Release of Q1 2016 Financial Results and Conference Call
VANCOUVER, May 2, 2016 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) today announced that it intends to release its financial results for the three months ended March 31, 2016, after the close of the TSX Venture on Tuesday, May 10, 2016. Steve Evans, CEO, Samantha Adams, VP, and Scott… [Read More]
Zaio Corporation Announces Q4 2015 Financial Results
CALGARY, May 1, 2016 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”), today announced its fourth quarter (Q4) financial results for the three and twelve month periods ended December 31, 2015. “We are pleased with the progress in revenue growth that has been made in the latter half of the 2015 fiscal year… [Read More]
Northview Apartment REIT Announces Plan to Apply for Normal Course Issuer Bid, and the Internalization of Property Management of 7,600 Residential Units in Ontario
CALGARY, ALBERTA–(Marketwired – April 29, 2016) – Northview Apartment Real Estate Investment Trust (TSX:NVU.UN) (“Northview” or the “REIT”) today announced plans to submit a Normal Course Issuer Bid application (“NCIB”) for approval by the Toronto Stock Exchange (“TSX”) for the ability to repurchase units in the capital of Northview (“Units”). The REIT’s 2016 strategic initiatives… [Read More]
InnVest Real Estate Investment Trust Announces Adoption of Replacement Unitholder Rights Plan
TORONTO, April 29, 2016 /CNW/ – InnVest Real Estate Investment Trust (TSX: INN.UN) (“InnVest”) today announced that its board of trustees (the “Board”) has adopted a new unitholder rights plan (the “Replacement Rights Plan”). The Replacement Rights Plan will ultimately replace InnVest’s existing unitholder rights plan (the “Existing Rights Plan”), which expires on June 5, 2016,… [Read More]
Nobel REIT is moving Downtown Montreal
MONTREAL, April 29, 2016 /CNW Telbec/ – (TSXV: NEL.UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT“) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 Stanley in Downtown Montreal. Our offices are therefore closed today for the move; they will reopen in our… [Read More]
Genworth MI Canada Inc. Announces Acceptance by TSX of Normal Course Issuer Bid
TORONTO, April 28, 2016 /CNW/ – Genworth MI Canada Inc. (“Genworth Canada”, or the “Company”) (TSX: MIC) announced today acceptance by the Toronto Stock Exchange (the “TSX”) of the Company’s Notice of Intention to Make a Normal Course Issuer Bid (“NCIB”). Pursuant to the NCIB, Genworth Canada may, if considered advisable, purchase through the facilities… [Read More]
RioCan Real Estate Investment Trust Provides an Update on U.S. Sale Transaction
TORONTO, ONTARIO–(Marketwired – April 28, 2016) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today is providing an update on the progress towards completing the transaction to sell its U.S. portfolio of 49 retail properties located in the Northeastern U.S. and Texas at a total sale price of US$1.9 billion as previously announced on December… [Read More]
Urbanfund Corp. Reports Financial Results for the Year Ended December 31, 2015
TORONTO, ONTARIO–(Marketwired – April 29, 2016) – Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX VENTURE:UFC) (the “Company“), confirmed today that the Company has filed financial statements for the year ended December 31, 2015 (the “Consolidated Financial Statements“). For the year ended December 31, 2015, the Company reported earnings before income taxes… [Read More]
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